This is a blog that I started in october 2010, mainly for discussing my ideas on the economy, taxation and politics. Please add comments - I'll do my best to reply. If you are new, I would recommend watching one of my YouTube presentations (in French or English). You can download a fully indexed pdf version (over 800 pages) here.

22 Mar 2012

A long version in French

I've now posted a complete french version of my talk on the 0-0-0-0.x plan on YouTube. You can find all the videos here, or you can load the four different parts directly from here.

Here's Part 1

Here's Part 2

Here's Part 3

And here's the final Part 4

It's pretty much the same content as the English version I posted at the weekend, with the addition of a bit about who would gain from such a system. The answer is essentially everyone. For example, if the rate was 0.3% (which is my best bet for the rate needed to replace conventional taxes in France) someone earning €2000 a month, and who spends all their income would pay just €6 (0.3%) in tax per month. Sounds like a good deal to me.

I also corrected an error in the original English version. When talking about the revenue that would be generated if the 2% "tax" applied by banks to credit card payments involving a foreign currency was applied to the $1200 trillion of foreign exchange handled by CLS Bank, I miscalculated. It would not generate $2.4 trillion in tax revenue. The real value is of course $24 trillion. That would be enough to abolish all taxes throughout the entire world.